The BTC Horse Racing Thread
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@james-everard said in The BTC Horse Racing Thread:
@james-everard said in The BTC Horse Racing Thread:
@charles-cartwright Thanks Charles , will gradually get used to which courses will have the most liquidity etc. Just looking at some of the races this morning do you know what type of race is pace M. Obviously know handicaps, maidens etc but not heard of that type of race and can't seem to find any info on the internet
Think I may have found out that the Pace M description means, think it is for harness racing so swerve on that, so I am ignoring Albion Park and Globe Derby . Also anyone else experiencing when writing a post it now appears not to be in any order?
@Martin-Futter looks like the forum is still playing up.
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@james-everard said in The BTC Horse Racing Thread:
@charles-cartwright Thanks Charles , will gradually get used to which courses will have the most liquidity etc. Just looking at some of the races this morning do you know what type of race is pace M. Obviously know handicaps, maidens etc but not heard of that type of race and can't seem to find any info on the internet
Think I may have found out that the Pace M description means, think it is for harness racing so swerve on that, so I am ignoring Albion Park and Globe Derby . Also anyone else experiencing when writing a post it now appears not to be in any order?
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@charles-cartwright Thanks Charles , will gradually get used to which courses will have the most liquidity etc. Just looking at some of the races this morning do you know what type of race is pace M. Obviously know handicaps, maidens etc but not heard of that type of race and can't seem to find any info on the internet
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How have people got on? I forgot to turn the AUS bot on overnight.
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Can't tell you which ones to avoid since that would surely be just based on liquidity which you need to watch.
I can tell you though that for Saturday, the two big meetings are at Royal Randwick in Sydney and Ascot in WA.
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Can any of the more experienced traders let me know of which courses to avoid in the Australian Market as I saw Martin mention something earlier about avoiding a certain tracks thanks
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@terry-cooke On the UK markets you can use the website Timeform (Part of betfair). They post the lowest point matched (that has been traded over £100). Usually takes a couple of hours and is free although you need to sign up for an account.
Just logged on and it looks like only UK racing.
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@terry-cooke said in The BTC Horse Racing Thread:
@james-everard In fact how are you going to paper trade this, just with the odds live when the race is live and make a note of how many would have matched?
Sorry mate not explaining myself properly. What I am doing is laying the field automatically pre race at 1.82 and for it to go inplay. Shouldn't have said paper trading what I meant is recording the results on my notebook. I can then evaluate after a couple of months which particular courses, race types etc will be the profitable way to go forward.
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@martin-futter Ah good shout. I'm guessing that once the market has closed and you have clicked on to another market there is no way to go back to view the graphs?
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@terry-cooke you can check the graphs
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@james-everard In fact how are you going to paper trade this, just with the odds live when the race is live and make a note of how many would have matched?
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@martin-futter I was thinking that too, I noticed that there was about £60k there when it first went off and I saw one of the previous comments.
The joys of being a newbie
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@terry-cooke I think it has something to do with liquidity, I think there were a few that would have got matched shorter but if you see the gaps in the prices in-running they are quite big!
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@james-everard Paper trading sounds sensible to me. Typical that the one race I thought I would take a look at only 1 matched.
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Ok mate keeping an eye with small stakes and monitor . I am going to start paper trading these and make notes of the courses , handicaps , length of course, number of runners , weather conditions etc. I reckon a few months of analysis will give us a better indication which races to trade this strategy to make profitable in the long run
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@james-everard I've definitely had most joy in US races. More often than not I get at least 2 matches. Just seem to go round in circles in AUS.
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@martin-futter Hi Martin do you have any other courses you would recommend not to touch in Australia ?
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Hence only doing £2 lays as it will takes 4 doubles winners to break even, although if you can get 3 horses that will be what we need to make this profitable long term
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@james-everard Think I might give that one a go, see how it goes
